Shares of NexTier Oilfield Solutions Inc. (NYSE:NEX) traded at a new 52-week high today of $5.98. This new high was reached on below average trading volume as 894,000 shares traded hands, while the average 30-day volume is approximately 2.8 million shares.
NexTier Oilfield Solutions Inc is a U.S. land oilfield focused service company. The company has a diverse set of well completion and production services across a variety of active and demanding basins. NexTier operates through two segments viz Completion Services which provides hydraulic fracturing; wireline and pump-down services; and completion support services. While the Well Construction and Intervention Services provides cementing and coiled tubing services.
NexTier Oilfield Solutions Inc. share prices have moved between a 52-week high of $5.98 and a 52-week low of $3.06 and are now trading 89% above that low price at $5.79 per share.
Potential upside of 85.6% exists for NexTier Oilfield Solutions Inc., based on a current level of $5.79 and analysts' average consensus price target of $10.76.
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